Tennessee § 45-5-501 - Supervision by commissioner — Powers of commissioner.
Full text of Tennessee Tennessee Code Annotated § 45-5-501 — Supervision by commissioner — Powers of commissioner., with citation guidance and answers to common questions.
§ 45-5-501. Supervision by commissioner — Powers of commissioner.
Each registrant shall be subject to the supervision of the commissioner. The commissioner is authorized to make and enforce reasonable rules and regulations necessary and proper for the administration, enforcement and interpretation of this chapter. In adopting the rules and regulations, the commissioner shall follow the procedures set forth in the Uniform Administrative Procedures Act, compiled in title 4, chapter 5. A copy of every rule and regulation shall be mailed to each registrant at least thirty (30) days prior to the date it shall take effect. The commissioner, for the purpose of discovering violations of this chapter and for the purpose of determining whether persons are subject to this chapter, is authorized to examine the registrants, including all books, records and papers employed by the registrants in the transaction of their business, and to summon witnesses and examine them under oath, concerning matters relating to the business of the persons or other matters that may be relevant in the discovery of violations of this chapter. The commissioner may employ deputies and assistants who may be necessary for this purpose, and the deputies and assistants shall be vested with the same authority conferred upon the commissioner by this subsection (d). Acts 1979, ch. 204, § 16; T.C.A., § 45-2016; Acts 1983, ch. 274, § 19; 1985, ch. 107, § 5; 2004, ch. 747, § 12. Compiler's Notes. For repeal of former section, see Compiler's Notes to § 45-5-101 . Law Reviews. State Regulation of Bank Holding Companies and the Future of Interstate Banking: A Tennessee Perspective (Colman B. Hoffman and Kathryn R. Edge), 51 Tenn. L. Rev. 383 (1984).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 45-5-501
What does Tennessee Code Annotated § 45-5-501 cover?
Section 45-5-501 ("Supervision by commissioner — Powers of commissioner.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 45-5-501?
A common citation format is "Tennessee Code Annotated § 45-5-501" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 45-5-501 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.